For its third fiscal quarter (ending September 30), Safety Insurance Group Inc (NASDAQ: SAFT) has reported a 1238% increase in E.P.S. from $0.13 a year ago to $1.74 in the current quarter. For the latest four quarters through September 30, E.P.S. were $5.07 versus $2.13 for the same period a year ago — an increase of 138%.
Recent Price Action
Safety Insurance Group Inc (NASDAQ: SAFT) stock closed at $79.77 on 11/5/24 after an increase of 1.9%. This advance was accompanied by normal trading volume. The stock has risen 0.7% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
SAFT’s future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
Safety Insurance Group has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Safety Insurance Group has a poor Appreciation Score of 18 but a neutral Power Rating of 55, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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